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Jun 3, 2019 5:31 AM ET

Global Gift Cards Market Size, Share and Industry Forecast - 2023


Global Gift Cards Market Size, Share and Industry Forecast - 2023

iCrowd Newswire - Jun 3, 2019

Global Gift Cards Market, Size, Share, Growth, Trends, and Forecast:

A gift card also known as gift certificate in North America, or gift voucher or gift token in the UK is a prepaid stored-value money card usually issued by a retailer or bank to be used as an alternative to cash for purchases within a particular store or related businesses. Gift cards are also given out by retailers and marketers as part of a promotion strategy, to entice the recipient to come in or return to the store, and at times such cards are called cash cards. Gift cards are generally redeemable only for purchases at the relevant retail premises and cannot be cashed out, and in some situations may be subject to an expiry date or fees.

Scope of the Report:

This report focuses on the Gift Cards in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

There is an increasing demand for gift cards in the corporate sector across the globe. Companies are offering incentives to employees in the form of gift cards to recognize employees’ contributions and achievements. Approximately 25% to 35% of a merchant’s gift card revenue is driven by B2B sales of gift cards. A growing adoption of gift cards in the corporate sector is one of the primary drivers pushing the global gift card market. Gift cards are gaining more popularity as compared to gift vouchers owing to several benefits offered by these cards. Gift cards can be used more than once owing to the partial redemption option, wherein the remaining balance can be carried over for future purchases.

North America is the largest consumer of gift cards, with a consumption market share of 45.35% in 2017. The second place is Europe, following North America with the consumption market share of 25.72% in 2017. 

The worldwide market for Gift Cards is expected to grow at a CAGR of roughly 6.0% over the next five years, will reach 460 million US$ in 2023, from 320 million US$ in 2017, according to a new Planet Market Reports study.

Access Full Report with TOC @ https://www.planetmarketreports.com/reports/global-gift-cards-market-7168

Market Segment by Manufacturers, this report covers

Walmart

Starbucks

Amazon

Home Depot

Carrefour

Lowes

Best Buy

Macy’s

Sainsbury’s

H&M

ITunes

McDonald

EBay

Netfix

Market Segment by Regions, regional analysis covers

North America United States, Canada and Mexico 

Europe Germany, France, UK, Russia and Italy 

Asia-Pacific China, Japan, Korea, India and Southeast Asia 

South America Brazil, Argentina, Colombia etc. 

Middle East and Africa Saudi Arabia, UAE, Egypt, Nigeria and South Africa 

Market Segment by Type, covers

Universal Accepted Open Loop

E-Gifting

Restaurant Closed Loop

Retail Closed Loop

Miscellaneous Closed Loop

Market Segment by Applications, can be divided into

Restaurant

Deportment Store

Coffee Shop

Entertainment Movie, Music 

Other

There are 15 Chaptersto deeply display the global Gift Cards market.

Chapter 1, to describe Gift Cards Introduction, product scope, market overview, market opportunities, market risk, market driving force;

Chapter 2, to analyze the top manufacturers of Gift Cards, with sales, revenue, and price of Gift Cards, in 2016 and 2017;

Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;

Chapter 4, to show the global market by regions, with sales, revenue and market share of Gift Cards, for each region, from 2013 to 2018;

Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;

Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;

Chapter 12, Gift Cards market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;

Chapter 13, 14 and 15, to describe Gift Cards sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

Customizations available

In case of any queries or customization requirements please connect with our sales team[email protected], which will ensure that your requirements are met.

Browse a Free Sample Report @ https://www.planetmarketreports.com/report-sample/global-gift-cards-market-7168

About Us:

Planet Market Reports gives statistical surveying reports to businesses, people and associations with a goal of helping them in their decision making process. We have huge database of market research reports & company profiles across globe.  We associated with global market research a publisher who has a wide range of research specialists & industry experts which provides you deeper penetration of market research industry.

We have statistical surveying reports from number of top publishers and update our reports collections on daily basis with most recent research data to furnish our customers with the moment online access to our database. With access to this database, our customers will be able to benefit from expert insights on worldwide businesses, items, and market patterns. We help you in your buy choice by mapping your data needs with our immense accumulation of reports.

Contact Information:

Name: Jennifer Daniel

Email-Id: [email protected]

US: +1-716-2260907

UK: +447441952057

Organization: Planet Market Reports






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